Common use of Grant of Unvested Share Repurchase Option Clause in Contracts

Grant of Unvested Share Repurchase Option. In the event the Optionee’s Service with the Participating Company Group is terminated for any reason or no reason, with or without cause, or, if the Optionee, the Optionee’s legal representative, or other holder of shares acquired upon exercise of the Option attempts to sell, exchange, transfer, pledge, or otherwise dispose of (other than pursuant to an Ownership Change Event) any Unvested Shares, as defined in Section 11.2 below (the “Unvested Shares”), the Company shall have the right to repurchase the Unvested Shares under the terms and subject to the conditions set forth in this Section 11 (the “Unvested Share Repurchase Option”).

Grant of Unvested Share Repurchase Option. In the event the Optionee’s Service with the Participating Company Group is terminated for any reason or no reason, with or without cause, or, if the Optionee, the Optionee’s legal representative, or other holder of shares acquired upon exercise of the Option attempts to sell, exchange, transfer, pledge, or otherwise dispose of (other than pursuant to an Ownership Change Event) any Unvested Shares, shares acquired upon exercise of the Option which exceed the Vested Shares as defined in Section 11.2 below (the “Unvested Shares”), the Company shall have the right to repurchase the Unvested Shares under the terms and subject to the conditions set forth in this Section 11 (the “Unvested Share Repurchase Option”).

Grant of Unvested Share Repurchase Option. In the event the OptioneeParticipant’s Service with the Participating Company Group is terminated for any reason or no reason, with or without cause, or, if the OptioneeParticipant, the OptioneeParticipant’s legal representative, or other holder of shares acquired upon exercise of the Option pursuant to this Agreement, attempts to sell, exchange, transfer, pledge, or otherwise dispose of (other than pursuant to an Ownership Change Event) any Unvested Shares, as defined in Section 11.2 below (the “Unvested Shares”), the Company shall have the right to repurchase the Unvested Shares under the terms and subject to the conditions set forth in this Section 11 (the “Unvested Share Repurchase Option”).

Grant of Unvested Share Repurchase Option. In the event the Optionee’s 's Service with the Participating Company Group is terminated for any reason or no reason, with or without cause, or, or if the Optionee, the Optionee’s 's legal representative, or other holder of shares acquired upon exercise of the Option attempts to sell, exchange, transfer, pledge, or otherwise dispose of (other than pursuant to an Ownership Change Event) any Unvested Shares, shares acquired upon exercise of the Option which exceed the Vested Shares as defined in Section 11.2 below (the “"Unvested Shares”"), the Company shall have the right to repurchase the Unvested Shares under the terms and subject to the conditions set forth in this Section 11 (the “"Unvested Share Repurchase Option”").

Grant of Unvested Share Repurchase Option. In the event the Optionee’s 's Service with the Participating Company Group is terminated for any reason or no reason, with or without cause, or, if the Optionee, the Optionee’s 's legal representative, or other holder of shares acquired upon exercise of the Option attempts to sell, exchange, transfer, pledge, or otherwise dispose of (other than pursuant to an Ownership Change EventChange) any Unvested Shares, shares acquired upon exercise of the Option which exceed the Vested Shares as defined in Section 11.2 below (the “"Unvested Shares”"), the Company IMMERSION shall have the right to repurchase the Unvested Shares under the terms and subject to the conditions set forth in this Section 11 (the “"Unvested Share Repurchase Option”"). Notwithstanding the foregoing, the Unvested Share Repurchase Option shall terminate upon the occurrence of a Transfer of Control.

Grant of Unvested Share Repurchase Option. In the event the Optionee’s Participant's Service with the Participating Company Group is terminated for any reason or no reason, with or without cause, or, if the OptioneeParticipant, the Optionee’s Participant's legal representative, or other holder of shares acquired upon exercise of the Option pursuant to this Agreement, attempts to sell, exchange, transfer, pledge, or otherwise dispose of (other than pursuant to an Ownership Change Event) any Unvested Shares, as defined in Section 11.2 7.2 below (the “"Unvested Shares”"), the Company shall have the right to repurchase the Unvested Shares under the terms and subject to the conditions set forth in this Section 11 7 (the “"Unvested Share Repurchase ShareRepurchase Option”").

Grant of Unvested Share Repurchase Option. In the event the Optionee’s 's Service with the Participating Company Group is terminated for any reason or no reason, with or without cause, or, if the Optionee, the Optionee’s 's legal representative, or other holder of shares acquired upon exercise of the Option attempts to sell, exchange, transfer, pledge, or otherwise dispose of (other than pursuant to an Ownership Change Event) any Unvested Shares, as defined in Section 11.2 below (the “" Unvested Shares”Shares " ), the Company shall have the right to repurchase the Unvested Shares under the terms and subject to the conditions set forth in this Section 11 (the “" Unvested Share Repurchase Option”Option " ).

Grant of Unvested Share Repurchase Option. In the event the OptioneeParticipant’s Service with the Participating Company Group is terminated for any reason or no reason, with or without cause, or, if the OptioneeParticipant, the OptioneeParticipant’s legal representative, or other holder of shares Shares acquired upon exercise of the Option pursuant to this Agreement, attempts to sell, exchange, transfer, pledge, or otherwise dispose of (other than pursuant to an Ownership Change Event) any Unvested Shares, as defined in Section 11.2 7.2 below (the “Unvested Shares”), the Company shall have the right to repurchase the Unvested Shares under the terms and subject to the conditions set forth in this Section 11 7 (the “Unvested Share Repurchase Option”).

Grant of Unvested Share Repurchase Option. In the event the OptioneeParticipant’s Service with the Participating Company Group is terminated for any reason or no reason, with or without cause, or, if the OptioneeParticipant, the OptioneeParticipant’s legal representative, or other holder of shares acquired upon exercise of the Option attempts to sell, exchange, transfer, pledge, or otherwise dispose of (other than pursuant to an Ownership Change Event) any Unvested Shares, as defined in Section 11.2 below (the “Unvested Shares”), the Company shall have the right to repurchase the Unvested Shares under the terms and subject to the conditions set forth in this Section 11 (the “Unvested Share Repurchase OptionOption ”).